Tanger Inc. (SKT)
NYSE: SKT · Real-Time Price · USD
32.82
-0.21 (-0.62%)
Jan 31, 2025, 4:00 PM EST - Market closed
Tanger Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Tanger stock have an average target of 35.11, with a low estimate of 28 and a high estimate of 41. The average target predicts an increase of 6.98% from the current stock price of 32.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Tanger stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 4 | 4 | 4 | 4 | 5 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 8 | 9 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Hold Initiates $36 | Hold | Initiates | $36 | +9.69% | Jan 28, 2025 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $37 | Hold | Initiates | $37 | +12.74% | Dec 17, 2024 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $31 → $35 | Hold | Maintains | $31 → $35 | +6.64% | Nov 15, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $34 → $41 | Strong Buy | Maintains | $34 → $41 | +24.92% | Nov 13, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $35 → $40 | Hold → Strong Buy | Upgrades | $35 → $40 | +21.88% | Nov 11, 2024 |
Financial Forecast
Revenue This Year
507.59M
Revenue Next Year
529.62M
from 507.59M
Increased by 4.34%
EPS This Year
0.83
from 0.92
Decreased by -9.76%
EPS Next Year
0.92
from 0.83
Increased by 10.22%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 544.3M | 564.9M | 582.9M |
| Avg | 507.6M | 529.6M | 544.8M |
| Low | 481.0M | 497.8M | 515.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 11.3% | 10.1% |
| Avg | - | 4.3% | 2.9% |
| Low | - | -1.9% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.90 | 1.01 | 1.11 |
| Avg | 0.83 | 0.92 | 0.99 |
| Low | 0.71 | 0.77 | 0.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.8% | 21.4% | 21.6% |
| Avg | -9.8% | 10.2% | 8.2% |
| Low | -23.3% | -6.7% | -10.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.